Money

Nine months. That’s how long it took the world’s top 1,000 billionaires to recoup their fortunes after the coronavirus pandemic hit. More than a decade is how long it could take the world’s poorest to recover, according to Oxfam International’s annual inequality report. The report, released on Sunday ahead of the World Economic Forum’s virtual

If you thought Fox News would dial down the highly charged rhetoric after Donald Trump left office, you’d be mistaken. It is not slowing down when it comes to bashing President Joe Biden. The network, which has long attacked Democrats, has noticeably ramped up the war of words about Biden since Inauguration Day. “These channels

Larry King often came across as the guy who sat next to somebody on an airplane and started up a conversation by asking: “So what do you do?” Except sometimes that person was Vladimir Putin, or Marlon Brando. And they wouldn’t get annoyed. That was King’s gift — he didn’t grill people, he chatted them

Larry King, who died Saturday at the age of 87, “had a history-making career spanning radio and television,” CNN president Jeff Zucker wrote in a tribute to the iconic broadcaster. The long-time broadcaster King hosted “Larry King Live” on CNN for 25 years, making him one of the most recognized hosts in cable news history.

Intel investors and analysts got their first glimpse at incoming CEO Pat Gelsinger’s vision for the company during its earnings call on Thursday. Gelsinger, who starts his job on February 15, has a challenging task ahead: Intel has fallen behind competitors in manufacturing the most advanced chips, putting it at risk of losing share in

Former Trump economic adviser Kevin Hassett broadly supports President Joe Biden’s $1.9 trillion rescue package as a way to keep the coronavirus-ravaged economy afloat. “They’ve thrown a lot of stimulus at it,” Hassett told CNN Business on Thursday, “but I think we need to be risk averse.” The former Trump administration official fears that without

Tom Brokaw is formally retiring from NBC News after an extraordinary 55 years with the network. Brokaw, 80, is best known for anchoring the “NBC Nightly News” from 1982 through 2004. He has been the network’s senior correspondent in recent years, enjoying a form of semi-retirement while contributing essays to NBC and MSNBC programs. In

Ford is recalling 3 million US and Canadian vehicles with airbags manufactured by the same company whose devices have been linked to at least 18 deaths in the United States. The move comes after the National Highway Traffic Safety Administration on Tuesday rejected Ford’s argument that this version of the airbags didn’t need to be

Volkswagen is walking away from 2020 with a profit of more than $12 billion despite the coronavirus pandemic that torpedoed car sales and snarled manufacturing supply chains. The world’s largest automaker said in a statement on Friday that it expects operating profit of €10 billion ($12.2 billion) for 2020, a performance helped by a strong

Stocks have surged since Election Day and are near record highs. Wall Street is clearly a fan of President Joe Biden’s new administration — and it’s largely because of growing hope that moderates in both parties will continue to call the shots. Yes, Democrats now have control of the Senate thanks to the tie-breaking vote

A Tallahassee man in his nineties begs for his 70-year-old caretaker to be bumped up in the vaccination queue. A woman over 75 in Raleigh asks what number to call to make an appointment. The daughter of a nursing home resident in San Jose wants to know why her mom has not received the Covid-19

A futuristic project by Google’s parent company Alphabet to provide internet from high flying balloons has burst. Loon, the Alphabet subsidiary that used giant balloons to beam internet to people in remote areas around the world, has announced that it is winding down its operations. It was formerly part of X, Alphabet’s innovative “moonshot” factory.

In a new financial document released just hours after he left the White House, former President Donald Trump disclosed Apple CEO Tim Cook once gave him a $5,999 Mac Pro computer. The documents, made public on Wednesday, list the item as “the first created at the Flex Factory in Austin, Texas.” Apple did not respond